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Associate Principal, Enterprise Risk Management (Analytics)

Who We Are

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

What We Offer

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

A hybrid work environment, up to 3 days per week of remote work

Tuition Reimbursement to support your continued education

Student Loan Repayment Assistance

Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely

Generous PTO and Parental leave

Competitive health benefits including medical, dental and vision

What You’ll Do

The ERM Associate Principal (Analytics) will provide critical support to the Executive Director and Managing Director of ERM by helping monitor adherence to risk appetite, develop risk reporting, and embed aspects of the RMF across the process, risk, and control universe. The Associate Principal will be coordinating with other control functions, such as Compliance, by facilitating appropriate business unit risk governance to ensure alignment to OCC strategy and short-term objectives. The role will involve close collaboration with the broader ERM team as well as other key OCC stakeholders.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

  • Support the development, implementation, and maintenance of reports and metrics to evaluate the performance of the ERM program across the company

  • Assist the ERM Governance, Analytics, & Monitoring Team with implementing, assessing, monitoring, and reporting on the adequacy and effectiveness of OCC’s Risk Management Framework (RMF) across business areas

  • Develop and leverage a strong understanding of OCC’s RMF to assist business units with governance issues and concerns

  • Verify, analyze, create, and monitor key performance, risk, and control indicators to support management and board-level reporting across business units

  • Identify, develop, and implement tools or methods to track and monitor risk

  • Assist with the drafting and maintenance of ERM’s policies and procedures

  • Track and communicate identified audit and exam issues as well as business area self-identified issues and findings to the ERM Management Team

  • Assist in the creation of departmental trainings including but not limited to trainings that cover OCC’s RMF, Risk Assessment, Risk Treatment, and User Defined Applications programs and activities

  • Support management with special projects and other duties as assigned

Supervisory Responsibilities:

  • N/A


The requirements listed are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

  • Understanding of securities/derivatives markets and risk management

  • Comprehensive analytical, conceptual, and problem-solving skills

  • Ability to think creatively and present ideas clearly

  • Strong interpersonal skills, including excellent written and oral communication skills

  • Experience in designing and producing quality reports and presentations with a focus on attention to details

  • Ability to interact and collaborate with all levels of the organization and across a multitude of departments is essential

  • Ability to manage multiple tasks/projects and deadlines simultaneously, as well as the ability to adapt to shifting priorities

Technical Skills:

  • Advanced proficiency in Microsoft Excel and Microsoft PowerPoint

  • Proficiency with Tableau

  • Experience with Alteryx or similar ETL tool

  • Experience with on-prem databases and APIs to access data

  • Familiarity with Python and/or R

Education and/or Experience:

  • 3+ years of hands-on data analytics, science, and/or engineering experience required

  • 3+ years of financial services, risk management, compliance, and/or audit experience required

  • Bachelor’s and/or Master’s degree in relevant quantitative/analytical field preferred

Certificates or Licenses:

  • None required

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.  

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. 

For more information about OCC, please click here.

OCC is an Equal Opportunity Employer

Apply About OCC
  • REQ-2278
  • Chicago - 125 S Franklin
  • Full Time Regular
  • Posted: Dec. 3, 2021

How to Apply

Step 1 - When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.

Step 2 - You will receive an email notification to confirm that we've received your application.

Step 3 - If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

OCC is an Equal Opportunity Employer

Numerous studies have shown that people from groups that are traditionally under-represented in financial services apply to jobs only if they believe they meet 100% of the requirements. We want to break down this mindset to further diversify our workforce.

We encourage you to review our open positions and apply if you think your experience may be a match, even if you do not meet all of the qualifications. Your perspective may be an element we need to continue building innovative solutions to support the markets and market participants we serve.

OCC is a globally recognized entity that clears a multitude of diverse and sophisticated products. We want to reflect this in the diversity of our workforce.

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 ([email protected]).